New business manager demographics and statistics in the US
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New business manager demographics by:
New business manager gender statistics
39.9% of new business managers are women and 60.1% of new business managers are men.
- Male, 60.1%
- Female, 39.9%
New business manager gender ratio
| Gender | Percentages |
|---|---|
| Male | 60.1% |
| Female | 39.9% |
New business manager gender pay gap
Women earn 88¢ for every $1 earned by men
Male income
$97,920
Female income
$85,970
New business manager gender ratio over time
This data breaks down the percentage of men and women in new business manager positions over time. Currently, 39.9% of new business managers are female.
New business manager gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 65.89% | 34.11% |
| 2011 | 65.23% | 34.77% |
| 2012 | 64.42% | 35.58% |
| 2013 | 64.95% | 35.05% |
| 2014 | 66.74% | 33.26% |
| 2015 | 65.48% | 34.52% |
| 2016 | 66.36% | 33.64% |
| 2017 | 63.77% | 36.23% |
| 2018 | 63.69% | 36.31% |
| 2019 | 61.72% | 38.28% |
| 2020 | 61.83% | 38.17% |
| 2021 | 60.11% | 39.89% |
New business manager related jobs gender ratio
We compared new business managers with similar job titles to see how gender ratios vary. As you can see, district commercial superintendent and street superintendent have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Administrative Assistant To General Manager | 9% | 91% |
| Manager Stylist | 9% | 91% |
| Salon Manager | 12% | 88% |
| New Business Manager | 60% | 40% |
| General Superintendent | 97% | 3% |
| Street Superintendent | 97% | 3% |
| District Commercial Superintendent | 98% | 2% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
New business manager demographics by race
The most common ethnicity among new business managers is White, which makes up 67.3% of all new business managers. Comparatively, 15.3% of new business managers are Hispanic or Latino and 6.4% of new business managers are Asian.
- White, 67.3%
- Hispanic or Latino, 15.3%
- Asian, 6.4%
- Black or African American, 6.2%
- Unknown, 4.3%
- American Indian and Alaska Native, 0.5%
New business manager race
| New business manager race | Percentages |
|---|---|
| White | 67.3% |
| Hispanic or Latino | 15.3% |
| Asian | 6.4% |
| Black or African American | 6.2% |
| Unknown | 4.3% |
| American Indian and Alaska Native | 0.5% |
New business manager race and ethnicity over time
See how new business manager racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
New business manager race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.97% | 6.32% | 5.28% | 11.13% |
| 2011 | 74.81% | 6.48% | 5.30% | 10.85% |
| 2012 | 74.47% | 6.05% | 5.44% | 11.92% |
| 2013 | 74.97% | 5.87% | 5.48% | 11.28% |
| 2014 | 73.87% | 5.84% | 5.38% | 12.64% |
| 2015 | 73.88% | 5.90% | 5.32% | 12.56% |
| 2016 | 71.55% | 6.41% | 5.77% | 13.77% |
| 2017 | 72.90% | 5.90% | 5.51% | 13.27% |
| 2018 | 72.47% | 5.67% | 6.08% | 13.14% |
| 2019 | 71.08% | 5.94% | 6.12% | 14.21% |
| 2020 | 69.33% | 5.98% | 5.77% | 14.11% |
| 2021 | 67.27% | 6.22% | 6.39% | 15.30% |
New business manager wage gap by race
According to our data, asian new business managers have the highest average salary compared to other ethnicities. Black or african american new business managers have the lowest average salary at $92,772.
| Ethnicity | Salary |
|---|---|
| Unknown | $96,159 |
| White | $100,630 |
| Black or African American | $92,772 |
| Asian | $102,590 |
| Hispanic or Latino | $97,751 |
Average new business manager age
See how the average age of new business managers varies based on ethnicity and gender.
Male
Female
New business manager age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Black or African American | 42 | 45 |
| Unknown | 42 | 41 |
| Asian | 43 | 41 |
| Hispanic or Latino | 42 | 40 |
| White | 45 | 44 |
| American Indian and Alaska Native | 43 | 44 |
New business manager age breakdown
The average age of new business managers is 40+ years years old, representing 64% of the new business manager population.
New business manager age breakdown
| New Business Manager Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 30% |
| 20-30 years | 6% |
New business manager educational attainment
The most common degree for new business managers is bachelor's degree, with 67% of new business managers earning that degree. The second and third most common degree levels are associate degree degree at 13% and associate degree degree at 10%.
- Bachelor's, 67%
- Associate, 13%
- Master's, 10%
- High School Diploma, 5%
- Other Degrees, 5%
New business managers by degree level
| New business manager degree | Percentages |
|---|---|
| Bachelor's | 67% |
| Associate | 13% |
| Master's | 10% |
| High School Diploma | 5% |
| Other Degrees | 5% |
New business manager jobs you might like
New business manager wage gap by degree level
According to the data, new business managers with a Master's degree earn more than those without, at $128,697 annually. With a Doctorate degree, new business managers earn a median annual income of $122,821 compared to $106,902 for new business managers with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $128,697 |
| High School Diploma or Less | $82,984 |
| Bachelor's Degree | $106,902 |
| Doctorate Degree | $122,821 |
| Some College/ Associate Degree | $86,179 |
New business manager employment statistics
Most new business managers work for a private in the finance industry.
Company size where new business managers work
Below, you can see the size of companies where new business managers work.
New business manager jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 7% |
| 50 - 100 employees | 12% |
| 100 - 500 employees | 22% |
| 500 - 1,000 employees | 6% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 31% |
New business manager jobs by company type
Employees with the new business manager job title have their preferences when it comes to working for a company. For instance, most new business managers prefer to work at private companies over public companies.
New business manager jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 34% |
| Private | 63% |
New business manager jobs by industry
The most common industries for new business managers are finance, insurance and manufacturing.
New business manager industry statistics
| Industry | Percentages |
|---|---|
| Fortune 500 | 18% |
| Finance | 13% |
| Insurance | 12% |
| Manufacturing | 8% |
| Media | 7% |
| Retail | 7% |
| Technology | 7% |
| Professional | 6% |
| Automotive | 4% |
| Hospitality | 2% |
| Utilities | 2% |
| Health Care | 2% |
| Telecommunication | 2% |
| Education | 2% |
| Pharmaceutical | 1% |
| Internet | 1% |
| Construction | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Real Estate | 1% |
| Energy | 1% |
New business manager turnover and employment statistics
New business manager unemployment rate over time
The unemployment rate for new business managers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
New business manager unemployment rate by year
| Year | New business manager unemployment rate |
|---|---|
| 2010 | 6.02% |
| 2011 | 5.17% |
| 2012 | 4.50% |
| 2013 | 3.74% |
| 2014 | 3.19% |
| 2015 | 2.83% |
| 2016 | 2.57% |
| 2017 | 2.68% |
| 2018 | 2.15% |
| 2019 | 2.22% |
| 2020 | 3.68% |
| 2021 | 4.01% |
Average new business manager tenure
The average new business manager stays at their job for 1-2 years, based on the 2,328 new business managers resumes in Zippia's database.
New business manager tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 14% |
| 1-2 years | 40% |
| 3-4 years | 19% |
| 5-7 years | 14% |
| 8-10 years | 6% |
| 11+ years | 8% |
New business manager LGBT ratio compared to similar jobs
Review the percent of new business managers that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Administration Vice President | 7.93% | 48,271 |
| Environmental Services Director | 8.41% | 87,417 |
| Regional Director | 9.38% | 73,300 |
| New Business Manager | 10.39% | - |
| Selectman | 11.63% | 1 |
| Generalist | 13.02% | 8,585 |
| Advertising Director | 14.95% | 16,270 |
Similar new business manager jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Administration Vice President | 7.93% | 48,271 |
| Environmental Services Director | 8.41% | 87,417 |
| Regional Director | 9.38% | 73,300 |
| Selectman | 11.63% | 1 |
| Generalist | 13.02% | 8,585 |
| Advertising Director | 14.95% | 16,270 |
Foreign languages spoken by new business managers
The most common foreign language among new business managers is Spanish at 41.5%. The second-most popular foreign language spoken is French at 13.4% and Italian is the third-most popular at 7.3%.
- Spanish, 41.5%
- French, 13.4%
- Italian, 7.3%
- German, 4.9%
- Russian, 3.7%
- Other, 29.2%
New business manager languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 41.5% |
| French | 13.4% |
| Italian | 7.3% |
| German | 4.9% |
| Russian | 3.7% |
| Other | 29.2% |
